Summary
Invesco S&P SmallCap 600 QVM Multi-factor ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 544. The ten largest make up 5.7% of the fund.
- Yearly costs
- 0.15%
- Fund size
- $233.6M
- Positions
- 544
- Dividend yield
- 1.31%
- Running since
- 2021
What speaks for it
- Costs of 0.15% a year are below the middle of comparable funds (0.44%).
- Widely spread: the ten largest positions make up only 5.7% of the fund.
- Average yearly growth over the last five years: 5.0%.
What to watch
- 98% of the fund is in one country (United States).
- It trades little: only about $66.8K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -2.2%
- 3 months
- -6.9%
- This year
- +13%
- 1 year
- +16%
- 3 years
- +52%
- 5 years
- +28%
- Avg. market cap
- $7.20B
- P/E
- 16.4x
- Forward P/E
- 15.2x
- P/S
- 0.9x
- P/B
- 2.3x
- P/FCF
- 11.3x
- EV/EBITDA
- 14.3x
- Dividend yield
- 1.33%
- ROIC
- 44.1%
- ROE
- 16.0%
- Gross margin
- 44.5%
- Operating margin
- 13.4%
- Net margin
- 10.2%
- Payout ratio
- 21.7%
- Net debt/EBITDA
- 3.3x
- Beta
- 1.06
Weighted average of the 50 largest companies, which make up 22% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 PAPaycom Software PAYC 0.8%
- 2 GKGlaukos GKOS 0.6%
- 3 JXJackson Financial Inc. JXN 0.6%
- 4 RHRyman Hospitality Properties, Inc. RHP 0.6%
- 5 LWLamb Weston Holdings, Inc. LW 0.5%
- 6 PTProtagonist Therapeutics PTGX 0.5%
- 7 SMSM Energy Company SM 0.5%
- 8 VSVictoria's Secret & Company VSXY 0.5%
- 9 ESElement Solutions Inc ESI 0.5%
- 10 VSViasat, Inc. VSAT 0.5%
Positions in the fund: 544. The ten largest make up 5.7% of it.
Composition as of Oct 17, 2026.
Where is it spread?
One countryBy sector
- Financials 18%
- Industrials 16%
- Technology 15%
- Consumer cyclical 13%
- Healthcare 11%
- Other 28%
By country
- United States 98%
- Ireland 0.7%
- Bermuda 0.6%
- Singapore 0.3%
- Other countries 0.8%
By company size
- Large cap 1.1%
- Mid cap 85%
- Small cap 14%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Financials (18%). Largest country: United States (98%). Largest size group: Mid cap (85%).
What does it cost me?
Cheap- A year from $10,000
- $15.00
- Over 20 years
- $748
From every $10,000 invested the fund takes $15.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $748.
How has it done?
Growing over the long run- A year on average, 5 years
- +5.0%
- Deepest drop
- -29%
- Yearly volatility
- 16%
Average yearly growth over the last five years: 5.0%. Deepest drop in these years: 29% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.31%
- Payments a year
- 4
- Last payment
- $0.13
Over the last 12 months it paid $0.42 per share, which is 1.31% of today's price. The last payment was $0.13 on Sep 21, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $66.8K
- Shares a day
- 2.1K
On an average day about $66.8K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.4
- Average Bulios Score
- 58 out of 100
Weight by Bulios Fair Price
- Undervalued 26%
- Fairly valued 5.8%
- Overvalued 68%
On average the companies inside trade for 16.4 times their yearly profit. By Fair Price, 68% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 22% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
XS XSMH.TO iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged) | Canada | 0.22% | $35.7M | +13% | Pays out | 87% |
SP SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF | United States | 0.03% | $15.5B | +15% | Pays out | 87% |
IJ IJR.AX iShares S&P Small-Cap ETF | Australia | 0.07% | $578.6M | +9.3% | Pays out | 87% |
XS XSMC.TO iShares S&P U.S. Small-Cap Index ETF | Canada | 0.21% | $72.3M | +17% | Pays out | 87% |
IU IUS3.DE iShares S&P SmallCap 600 UCITS ETF | Ireland | 0.30% | $3.06B | +21% | Pays out | 87% |
ZS ZSML.TO BMO S&P US Small Cap Index ETF | Canada | 0.22% | $132.2M | +17% | Pays out | 87% |
